Usacomplaints.com » Business & Finance » Complaint / Review: www.tradethink.com - Jason Morse, Chris Morse Took Money For A License That Was Not Being Used. #846136

Complaint / Review
www.tradethink.com
Jason Morse, Chris Morse Took Money For A License That Was Not Being Used

I started auto trading with eFloorTrade, LLC 255 South Orange Avenue, Suite 1505 Orlando, FL 32801 P: (407) 378-4775 with John Moore and Chris Moore at there commodity brokerage about 3/1. I did it because i had lost money in the stock market and believed a software trend following commodity program would really work. I hired them to autotrade using a third party system called www.tradethink.com. I traded with two accounts, my wife's IRA and a joint taxable savings. At that time i was with MF Global. I informed Chris Moore and John Moore at www.efloortrade.com that i'd just been screwed by MF Global and i was a little gun shy. I needed Chris Moore and John Moore at www.efloortrade.com to guide and look out for my best interest by always calling me with news, margin calls or account updates that would be important to me. My instructions to John Moore and Chris Moore at www.efloortrade.com were to immediately STOP trading and notify me if my account ever became over leveraged or exposed to more risk then was appropriate. On the afternoon of march 22nd or 23rd 2012 Chris Moore of www.efloortrade.com called to just say hello "long time no talk to" he said, as if he was calling just to shoot the breeze. Then he said "I'm worried about your positions right now and think the system is doing poorly". Then Chris Moore at www.efloortrade.com adds, "http://www.Tradethink.com your third party system is not setting their stops correctly"."I (Chris Moore) think we at www.efloortrade.com) should stop trading and close all your positions, and then start to take new signals from scratch or new". Wondering what went wrong I hung up with Chris Moore at www.efloortrade.com looked at my last two weeks of statements and noticed in the last two weeks (from February 23 back to the first of February) www.Efloortrade.com had charged me $6,740.00 in commissions for ten trading days. I called my broker Chris Moore back at www.efloortrade.com within seconds of his first call to me, and wanted to know what John Moore and Chris Moore of www.efloortrade.com were doing to me? The first scared words out of Chris Moore's mouth were, "I tried to call you". I said, " You did not! First, I don't believe you and i know you are lying! And second, i want to know what the F$&@ are all these trades with no correlation at all to tradethink signals or the letter of direction? Since he didn't have the time to think or come up with another word for margin call and just got caught bending the truth and obfuscating the facts he turned in to a blithering idiot. That is when he finally said "You have been on margin since January I tried to call you". It's now the second half of March and Chris Moore at www.efloortrade.com is just now getting around to call me but did not mention margin call at all just a few minutes earlier. Now when i notice all this churning of my account he tells me i had been on margin since January? I went nuts! He had hundreds of chances to tell me that i was on margin! Chris Moore of www.efloortrade.com could of told me i was on margin just minutes earlier in his first call to me in six months to shoot the breeze. Why did he wait till March to tell me and then only after I got mad and I saw the bogus trades, churning and disregard for the letter of direction? Transparent lies and bullshit is all I've ever received from Chris Moore and www.Efloortrade.com and I think they all at www.efloortrade.com need their trading licenses revoked, and a father (John) son (Chris) trip to the woodshed for the little shithead Chris Moore is in order.

As soon as i got off the phone with Chris Moore at www.efloortrade.com i called Jason Morse and www.tradethink.com the buy/sell signal generator and asked if he would look over those two weeks of statements from www.efloortrade.com, to help me make some sense of what www.efloortrade.com was doing to me. Within a few minutes he called me back to confirm it was as bad or worse then i thought. He said my broker, (www.efloortrade.com) is churning for commissions and disregarding the letter of direction" and he said "the churning and unauthorized trades reflected incalculable lost principle in just those two weeks of trading". He said "besides the extra commissions generated for www.efloortrade.com from the churning, the extra principle loss was like rubbing salt in a wound or kicking a guy when he's already down" A month earlier i had just paid Jason Morse at www.tradethink.com $14,000.00 for the license to trade www.tradethink.com signals for one more year or until January. When all this happened I told Jason Morse at www tradethink.com i was not trading anymore, and may never trade until this is all straightened out. I said, "I want the unused license fee for the two accounts $14,000.00 refunded back to me"."I've hardly used it and I have not made any profit in the 4 weeks I've had the license or the whole time (13 months) i've auto traded with www.tradethink.com, and in fact I've only compounded the lost money with the license cost." That's when Jason at www.thinktrade.com said "Larry, I know you are right, you are getting the shaft from www.efloortrade.com." "I can try to help you in almost anyway i can, but i will not refund your unused license money". Jason is willing to tell me when someone else is screwing me or pouring salt in my wounds and kicking me when I'm already down. But Jason at www.thinktrade.com fails to recognize when he's doing the same to me as my brokers at www.efloortrade.com. Jason at www.tradethink.com is responding just like the rest of the wall street psychos, but admits i'm being screwed by my broker for a lot of money. I'm a very lucky guy, (NOT). He (Jason) at www.thinktrade.com only ripped and took me for $14,000.00 for a license i may never use, that's all. Jason Morse at www.tradethink.com is the guy who introduced me to the crooked brokers John Moore, Chris Moore at www.efloortrade.com after i had my issues with MF Global. Of course he Jason at www.tradethink.com feels he did nothing wrong in any way at all. Jason Morse of www.thinktrade.com said he feels terrible about what www.efloortrade.com is doing to me, but doesn't feel bad enough to rectify his part of my much bigger problem. Not much different then the treatment I received from the psychopath commodity brokers John Moore and his son Chris Moore at www.efloortrade.com. They all show the same anti social traits with no regard for the consequences of their actions and a total lack of empathy. Jason Morse at www.tradethink.com is very friendly and displays a wonderfully glib sense of humor. He can spin the truth like a roulette wheel when it's in his best interest. He's been telling me he'll help me get the money back from the people who screwed and owe it to me, but he fails to see he owes something to me also, and should do the right thing for himself and www.tradethink.com by refunding and unwinding the deal for the unused license. It's also his job as part of keeping the www.tradethink.com reputation intact to unwind his business mistakes when appropriate and do the right thing. If you run an honest business, that is what you do. Not refunding and unwinding my www.tradethink.com license fee is wrong and not in Jason Morse or www.tradethink.com best interest. Current and future potential clients don't want to hear that you Jason Morse and www.tradethink.com compounded and made even worse what was already a clear ripoff of my money. You did help to make me aware of all the unethical treatment from www.efloortrade.com., Then you, Jason at www.thinktrade.com helped to make it even worse! You yourself admitted i was robbed by my broker at www.efloortrade.com. But you have no trouble doing the same thing to me. My story will and should cause many current and potential future commodity auto traders who may be investigating and doing their due diligence to think long and hard about auto trading with www.efloortrade.com or www.thinktrade.com and in my opinion they should have second thoughts about having anything to do with Jason Morse, commodity trading or www.tradethink.com after hearing about my experience with Jason Morse, Chris Morse at www.tradethink.com and John Moore and Chris Moore at www.efloortrade.com


Offender: www.tradethink.com

Country: USA
Address: 218 E. Yanonali Unit B
Phone: 8055044514
Site:

Category: Business & Finance

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